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Tag Archives: Constellation Energy Group

Constellation shareholders vote against Shattuck’s pay package

Constellation Energy Group Inc.’s shareholders have voiced their concerns about the Baltimore energy company’s management as part of their decision to vote against pay packages proposed for Chief Executive Mayo A. Shattuck III and other top executives. While the vote ...

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Easton-based firm proposes solar farm near state prison

HAGERSTOWN — A private firm announced a $70 million plan Friday to build Maryland’s largest solar energy project on the grounds of a state prison near Hagerstown to generate electricity for the wholesale market. Maryland Solar LLC of Easton said ...

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Constellation’s first quarter profit and revenue fall

Constellation Energy Group said Friday profits were down in the first quarter of 2011  due to higher costs and declines in revenue. Baltimore-based Constellation, which last week announced it would be acquired by  Chicago-based Exelon, reported net income of $70.4 ...

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Week in review: 4/22/11

Baltimore, state mourn Schaefer William Donald Schaefer, Baltimore’s former mayor and Maryland’s former governor and comptroller, died Monday at 89. He will lie in repose Monday at the State House in Annapolis and Tuesday at Baltimore City Hall. His funeral will ...

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Constellation says CEO Shattuck earned $12M in 2010, SEC says $15.7M

Constellation Energy Group CEO Mayo A. Shattuck III earned $12 million in 2010, according to the company. Or, Shattuck earned $15.7 million, according calculations used by Securities and Exchange Commission. Constellation said Friday that Shattuck earned the same amount last ...

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Accident in Japan casts more doubt on future of new power plants in the U.S.

Already faced with high construction costs, extensive red tape, cheaper alternatives that make a return on investment unclear, and now the fallout from the damage to the three reactors in Japan after this month’s massive earthquake and tsunami, the hurdles ...

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PSC, generation firms debate auction rule

State utility regulators and a coalition of investor-owned electric companies, including Constellation Energy Group, are taking shots at each other over a proposed rule change to electric wholesale auctions. The Maryland Public Service Commission on Friday filed a protest with ...

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Electricite de France officials meet with O’Malley on nuke plant

ANNAPOLIS — Gov. Martin O’Malley met again with officials of French utility Electricite de France SA over stalled plans for a third reactor at the Calvert Cliffs nuclear power plant in southern Maryland. Constellation Energy Group Inc. announced last year ...

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